Good news ... if you're not a principal or director.
Edit: There are a number of good articles about the Righthaven lawsuits in the Las Vegas Sun, competitor to the Las Vegas Review-Journal. The R-J is the paper whose copyrights were originally, allegedly "stolen" and the basis for Righthaven's first suits.
Many defendants are filing pro se (withou an attorney) and stating that the Righthaven cases are frivolous due to the lack of jurisdiction over bloggers and site owners not based within the state of Nevada. Othere defendants are fighting back by claiming that Righthaven didn't own the copyright at the time that the infringement supposedly occured.